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IGL net profit jumps 44% to Rs 148 crore in June quarter

IGL net profit jumps 44% to Rs 148 crore in June quarter

 Indraprastha Gas Ltd, the sole retailer of CNG in national capital region, today reported a 44 percent jump in its June quarter net profit on rise in gas sales and lower interest cost.

Indraprastha Gas to cut CNG price in NCR

The new rates are as per the formula approved by the government in October last year.

Govt orders CNG retailers to provide cost-break up

In a significant development, Oil Minister M Veerappa Moily has ordered CNG retailers to provide break-up of fuel price to consumers to ensure that they passed on the benefit of cheaper domestic gas to users.

CNG demand rises 15% in 2011-12; Delhi, Gujarat drive growth

India's CNG consumption has risen by more than 15 percent in 2011-12 on back of strong demand in Gujarat and the national capital.

CNG prices hiked to Rs 43.30 per kg in UP

The new consumer price of Rs 43.30 per kg in Noida, Greater Noida and Ghaziabad would be effective from 2200 hours tonight.

HC reserves order on IGL's plea, PNBRG says no coercive steps

The Delhi High Court on Thursday reserved its order on a plea by Indraprastha Gas Ltd against Petroleum and Natural Gas Regulatory Board's (PNGRB) decision to slash network tariff and CNG compression charge and to ask the company to refund excess amount to consumers since 2008.